On Friday, Sembmar re-test the support at $4.41 and closed at $4.47 with LOW volume of 7.31 million shares traded.
During the past 10 bars, there have been 6 white candles and 4 black candles for a net of 2 white candles. During the past 50 bars, there have been 22 white candles and 23 black candles for a net of 1 black candles.
RSI & MACD are bullish as MACD perform a golden cross recently.
Important Resistance of Sembmar: $4.53
Immediate Support of Sembmar: $4.41
Currently prices are supported by 200 days MA at $4.41
For the past 10 trading sessions, prices have been trending along the key support at $4.41 (200 days MA). This affirms that the selling pressure has eased.
The support at $4.41 is expected to be strong.
It would be good opportunity for entry at the ...
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